Changes to the board WESCOAL HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 2005/006913/06) Share code: WSL ISIN: ZAE000069639 (“Wescoal” or the “Company” or the “Group”) CHANGES TO THE BOARD Shareholders are referred to the notice of annual general meeting (“AGM”) forming part of the annual financial statements of the Company, which was distributed to shareholders on 31 July 2019, and are advised as follows: Ms Teresita van Gaalen and Mr Kosie Pansegrouw, independent non-executive directors of the Company, who are scheduled to retire from the Board by rotation in terms of the Memorandum of Incorporation of the Company on the date of the AGM, being 16 October 2019, have informed the Company that they wish to withdraw their availability for re-election at the AGM and will retire from the Board with effect from 16 October 2019. Consequently, ordinary resolution number 1.1 and ordinary resolution number 2.2 and 2.3 of the notice of AGM of the Company will be withdrawn and the aforementioned independent non- executive directors will retire from the Board, the Audit and Risk Committee of the Board and the Share Incentive Trust of the Company (as Trustees) with effect from 16 October 2019. The Board wishes Ms Teresita van Gaalen (appointed 17 July 2009) and Mr Kosie Pansegrouw (appointed 1 June 2005) well and thanks them for the unwavering and valuable service to the Company. Both directors have each served the Company for a period longer than 10 years. The Company has commenced the process to recruit new Board members, this will be concluded in the next 8 weeks and further announcements regarding the reconstitution of the Board and its Committees will follow in due course. Jacques De Bie, Singular Systems Tel: +27826915384 Email: jdebie@singular.co.za 27 September 2019 Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 27/09/2019 12:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.